Real Estate Glossary

Drive-time Approach

inflation calculator
Richard Wilson
Written by Richard Wilson

This is a process wherein a trade area and sales or revenue have a potential of a rcenter or etail establishment are estimated based on the Central Place Theory and how far people would travel in order to obtain and purchase retail goods as defined by mileage or drive time.

This is a process wherein a trade area and sales or revenue have a potential of a rcenter or etail establishment are estimated based on the Central Place Theory and how far people would travel in order to obtain and purchase retail goods as defined by mileage or drive time.

About the author

Richard Wilson

Richard Wilson

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